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The World Bank said that the total direct damage from the recent earthquakes in Syria is expected to range between $2.7 billion and $7.9 billion, Reuters reported. The province of Aleppo suffered an estimated 45% of total damages, while some 37% of the damage was in Idlib province and 11% in the coastal Latakia province.
1. Climate activists increase pressure on insurance executives
2. Dollar crisis hits reinsurance payments of over $100 million
3. Eight million diver license, passport numbers exposed in massive hack
4. New reinsurer to provide additional insurance capacity of $2 billion
5. Fitch: Hard property reinsurance market to continue in 2023